Pacer Emerging Markets Etf Profile
| ECOW Etf | USD 20.35 0.10 0.49% |
Performance2 of 100
| Odds Of DistressLess than 9
|
Pacer Emerging is selling for under 20.35 as of the 30th of November 2024; that is 0.49 percent increase since the beginning of the trading day. The etf's lowest day price was 20.31. Pacer Emerging has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Pacer Emerging Markets are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The index uses an objective, rules-based methodology to provide exposure to large and mid-capitalization companies in emerging markets with high free cash flow yields. Pacer Emerging is traded on NASDAQ Exchange in the United States. More on Pacer Emerging Markets
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Pacer Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Equity ETFs, Diversified Emerging Mkts, Pacer (View all Sectors) |
| Issuer | Pacer Financial |
| Inception Date | 2019-05-02 |
| Benchmark | Pacer Emerging Markets Cash Cows 100 Index |
| Entity Type | Regulated Investment Company |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Emerging Markets |
| Region | Emerging Markets |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Pacer Advisors, Inc. |
| Custodian | U.S. Bank, N.A. |
| Distributor | Pacer Financial, Inc. |
| Portfolio Manager | Bruce Kavanaugh, Michael Mack |
| Transfer Agent | U.S. Bank, N.A. |
| Fiscal Year End | 31-Oct |
| Exchange | NASDAQ |
| Number of Constituents | 118 |
| Market Maker | Jane Street |
| Total Expense | 0.7 |
| Management Fee | 0.7 |
| Country Name | USA |
| Returns Y T D | 5.21 |
| Name | Pacer Emerging Markets Cash Cows 100 ETF |
| Currency Code | USD |
| Open Figi | BBG00P1MK298 |
| In Threey Volatility | 19.47 |
| 1y Volatility | 14.03 |
| 200 Day M A | 20.6859 |
| 50 Day M A | 21.2339 |
| Code | ECOW |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.01) |
| Type | ETF |
Pacer Emerging Markets [ECOW] is traded in USA and was established 2019-05-02. The fund is listed under Diversified Emerging Mkts category and is part of Pacer family. The entity is thematically classified as Strategy ETFs. Pacer Emerging Markets currently have 13.11 M in assets under management (AUM). , while the total return for the last 3 years was 1.4%.
Check Pacer Emerging Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Pacer Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Pacer Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Pacer Emerging Markets Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Pacer Emerging Markets Currency Exposure
Pacer Emerging Markets holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Pacer Emerging will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Pacer Emerging Markets.
Top Pacer Emerging Markets Etf Constituents
| 3231 | Wistron Corp | Stock | Information Technology | |
| 6239 | Powertech Technology | Stock | Information Technology | |
| TOASO | Tofas Turk Otomobil | Stock | Consumer Discretionary | |
| 2610 | China Airlines | Stock | Industrials | |
| 2618 | Eva Airways Corp | Stock | Industrials | |
| GRUMAB | Gruma SAB de | Stock | Consumer Staples | |
| CEZ | CEZ as | Stock | Utilities-Renewable | |
| ARI | African Rainbow Minerals | Stock | Other Industrial Metals & Mining |
Pacer Emerging Markets Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Pacer Emerging. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0046 | |||
| Jensen Alpha | 0.0164 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.10) |
Pacer Emerging Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Pacer Emerging Markets. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of Pacer Emerging Markets is measured differently than its book value, which is the value of Pacer that is recorded on the company's balance sheet. Investors also form their own opinion of Pacer Emerging's value that differs from its market value or its book value, called intrinsic value, which is Pacer Emerging's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pacer Emerging's market value can be influenced by many factors that don't directly affect Pacer Emerging's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pacer Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Emerging's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.